Wednesday, July 27, 2011

HOT TIP - International Frontier Resources - TSX: IFR, OTC: IFRTF

Goombarh Flash 27,  July 27, 2011
International Frontier Resources - TSX:  IFR, OTC:  IFRTF

Good Morning,

May have found a good tip:

According to the Rocky Mountain Oil Journal, a confidential source who had access to Rosetta's field report states Rosetta's first vertical well, Tribal Gunsight #31-16H in Glacier County, "well tested at 1200 barrels per day".

Now, I don't normally pay any attention to tips, but I hold Primary Petroleum (TSX:PIE, OTC:PETEF), which is halted, since it was moving up without news earlier this week.  Still halted with no news whatsoever.  Primary holds large acreage just below Rosetta in Montana.  Rosetta is a $50 stock.

Sniffing around, I found Mountainview was halted previously as well.  They are right next to Primary.  And Petrohawk was bought out few weeks ago.  So all this speaks of frenzy in oil patch, perhaps under valued, and I know drillers are under valued. 

Enough digression, I decided to venture a bit of spec funds into International Frontier and have bought.  IFR holds royalties in the area, particularly where Rosetta is, see this:

and this Frontier presentation:

I am not recommending you do the same, I am only passing information onwards.  It is up to you as what you do with your money.  Good Luck to you.

Until next time,
Marco G.

1 comment:

  1. I got this stock before we got the rights in this area...I'm delighted to say the least...
    lakesurfer @ stockhouse bullboard.